Despite Electricity, Forex Challenges, Africa Records 40% of Investments in Greenfield MegaProjects in 2022 – AfDB

In its January 2024 report on Africa’s economic performance and macroeconomic outlook, released February 16, 2024,…

EU to Invest €37m to Boost Electrification in Nigeria

The European Union has disclosed plans to invest €37 million to boost hydropower, solar power for health…

Oya Energy Project to Power 180,000 South African Homes

The Oya Energy project, expected to power 180,000 South African homes with clean energy upon completion,…

Ogun State to Launch Alternative Energy Vehicles

The Governor of Ogun State, Dapo Abiodun, announced yesterday that the state will launch trucks and…

EBRD Invests €35m in Green Bond

The European Bank for Reconstruction and Development (EBRD) has invested €35 million in a green bond…

CESEL-Concerto Powers 1,200 Houses in Osun State

The Community Energy and Social Enterprise Limited (CESEL-Concerto) Joint Venture (JV) has delivered clean electricity to…

Netherlands Inaugurates Solar Marketplace Advisory Board in Nigeria

The Netherlands government has established an advisory board to accelerate Nigeria’s shift towards cleaner energy. The…

Sri Lanka Progressing on Delayed Wind Energy Projects — Energy Minister

Sri Lanka’s energy minister, Kanchana Wijesekera, said Sri Lanka is hopeful of making progress by next…

World Bank Commits Over $15bn to Boost Economy, Energy in Nigeria

The World Bank has committed over $15 billion to support 30 development programmes across Nigeria. In…

World Bank, COMESA to Launch $50m Regional Energy Access Program

The Common Market for Eastern and Southern Africa (COMESA), a regional economic organisation, and the World Bank will…